Bankroll Management (BRM) for SNG, MTT and DON.
Sample size is something that might be considered in a spot where results oriented thinking was being employed. In other words, the results for an MTT player with 100 finishes on record might be considered insignificant based on sample size, whereas 10,000 recorded results would be considered more indicative of the player's true talent and less a representation of variance.
Let me save you a lot of time and give you some ranges of hands that have proven to be profitable for me over a large sample size. I didn’t create these ranges. Database analysis experts have analyzed millions of hands played by solid professionals and determined which ones should have a long-term positive expectation. The following default ranges are how I interpret their research. Don’t.
While the sample winnings have their scale on the right axis, the downswing tracker has its scale on the left axis. In this example the simulated player ended up with winnings over 25,000 big blinds after 2.5 million hands but had to deal with a nasty downswing of almost 10,000 big blinds between hand 1.2 million and hand 2 million.
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